Speaker 1: Hello, and welcome back to another episode of the Mark
Speaker 1: Moa Show where we talk about the decentralized revolution, the
Speaker 1: way the world is changing, radically changing right before very eyes,
Speaker 1: you know, for good and for better. We're moving from
Speaker 1: a world of moving towards globalization and centralization to a
Speaker 1: world of decentralization, from one global super power to multipolar world,
Speaker 1: one global reserve asset to multi global reserve assets. And
Speaker 1: we're witnessing this all in real time. And there's winners,
Speaker 1: there's losers. There's something good, there's some bad, and um,
Speaker 1: you can like it or hate it, but it's happening now.
Speaker 1: Some of the good Zoe, in my opinion, are that
Speaker 1: I believe in individual is um, I believe in individual rights,
Speaker 1: and I believe that my life should be my life
Speaker 1: to make decisions as I see fit, not for some
Speaker 1: guy in another country that I don't even know, to
Speaker 1: decide what is best for me here. Over the last
Speaker 1: couple of days, I've been watching this docu series on
Speaker 1: Netflix called How to Become a Tyrant. I think it is.
Speaker 1: It's pretty cool, and it kind of looks at it
Speaker 1: looks at the known tyrants of our kind of more
Speaker 1: common time which is uh. Really it was a stalin
Speaker 1: maw Um Hitler of course, um momarket Afi uh Saddam
Speaker 1: Hussein and I kind of talked about them, and it
Speaker 1: talked about you know, these were dictators. So these were
Speaker 1: very extreme examples of this. But how these dictators basically
Speaker 1: want to rule their whole country and like whatever they
Speaker 1: thought just had to be done, and so like you know,
Speaker 1: they didn't like uh, for example, one of the one
Speaker 1: of them didn't like dogs, so in the capital city
Speaker 1: that you weren't allowed to have dogs. That was it, right?
Speaker 1: And that's just one example, I mean, the most absurd things.
Speaker 1: But what happens is is that um oh, another one
Speaker 1: I think it was Kadafi said, we we need to
Speaker 1: be we need to be we need to be self sufficient.
Speaker 1: We can't rely to the countries, and so we want
Speaker 1: every citizen now has to raise chickens. We can't buy
Speaker 1: chickens anymore. We have to raise chickens. Everyone has to
Speaker 1: have chickens. And it's like, do people even know how
Speaker 1: to raise chickens? They have room to raise chickens, and
Speaker 1: then what are all the unintended consequences of trying to
Speaker 1: everyone happened to chicken. Have you thought about that? And
Speaker 1: so it's like, no, they haven't, and and and basically
Speaker 1: highlights that one person or one group of people just
Speaker 1: cannot have the information necessary to run society for all
Speaker 1: these people that they don't know. These are complex systems.
Speaker 1: And so I, for one, am not for these giants
Speaker 1: centralized complex systems. They've improven time and time and time
Speaker 1: and time again to be fragile and to fail and
Speaker 1: to cause massive hardships and pain. Every one of these
Speaker 1: tyrant situations that I've just kind of walked through real
Speaker 1: quickly have led to massive devastation and loss, massive loss
Speaker 1: of human life and so forth. Um, you know, through
Speaker 1: through what happened in Russia, through Hitler and and through
Speaker 1: mouths greatly forward, it's led to over a hundred million
Speaker 1: people just starving to death alone, not even including all
Speaker 1: the people that they killed on purpose, but just the
Speaker 1: starvation because you can't manage to that level. Um, and
Speaker 1: that's what happens. And so um we have been moving
Speaker 1: on this fast, fast tracked path towards centralization, and that
Speaker 1: is changing rapidly on a right on cue on on
Speaker 1: a tune in to your time frame that it happens,
Speaker 1: and so I like to look at some of the
Speaker 1: signposts and we can see how this is happening right
Speaker 1: before our very eyes. One of the things I've been
Speaker 1: talking about over the last several weeks that it's been
Speaker 1: encouraging for me is to see UM the largest asset
Speaker 1: manager in the world. UM Evil Inc. Will call them
Speaker 1: one of the most evil companies who have basically taken
Speaker 1: your money and weaponize it against you. And if you
Speaker 1: don't know who I'm talking about, I'm talking about black Rock.
Speaker 1: Black Rock is the largest asset manager and they have
Speaker 1: taken your money. So if you look at publican traded companies,
Speaker 1: so go to you know, NaSTA five hundred, look at
Speaker 1: these publican trader companies and just go look at who
Speaker 1: owns all these companies, and who owns almost every publican
Speaker 1: traded company is black Rock, Vanguard, and State Street. Black
Speaker 1: Rock being the largest one, owns almost all these companies.
Speaker 1: And how do they own all these companies? Where do
Speaker 1: they get all this money? It was ten trillion dollars
Speaker 1: now it's down to about eight trillion dollars. They've lost
Speaker 1: a lot. Um. Where do they get all this money? Well,
Speaker 1: it's your money. It's your pensions, is your four O
Speaker 1: on case, and then they take this money and then
Speaker 1: they use it to push things that you don't want.
Speaker 1: I've been talking about this quite a bit. The reason
Speaker 1: why I've been talking about quite a bit is one
Speaker 1: stopped giving them your money. You can easily learn to
Speaker 1: manage your money on your own rather than giving it
Speaker 1: to somebody who wants to use it against your best
Speaker 1: interests UM. That's step one. Or you can give it
Speaker 1: to other companies who might not hate you quite as much. UM.
Speaker 1: And so we're seeing massive pushback on Black Rock and
Speaker 1: their number one UM ideology that they've been pushing, which
Speaker 1: is e s G Environmental Social governance. And so we've
Speaker 1: been seeing massive pushback. We saw multiple states, one after
Speaker 1: another after another, pulled their money or divested their money,
Speaker 1: taking it back from black Rock and said, because of
Speaker 1: your E s G mandates, we're doing this UM. Then
Speaker 1: we saw nineteen Republican led states have filed lawsuits against
Speaker 1: black Rock and other banks UM for harming their states,
Speaker 1: harming their people, harming UH or or damaging what's called
Speaker 1: the fidciary duty to make them the most money. And
Speaker 1: now we can see that black Rock is facing even
Speaker 1: more blowback over e s G as the GOP pressure mounts.
Speaker 1: So now that the GOP pressure is building, now that
Speaker 1: we've gone through the mid terms, um, there's a lot
Speaker 1: of pressure building about black Rocket, says. It's been a
Speaker 1: tough couple of weeks for black Rock, the world's largest
Speaker 1: money manager, which endured fresh blows from Republican officials sharply
Speaker 1: critical of e s G. Texas said one of its
Speaker 1: Senate one of its Senate committees had issued a subpoena
Speaker 1: requesting documents about black Rocks environmental social governance e s
Speaker 1: G practices and asked for at least one of six executives,
Speaker 1: including the CEO, Larry Fink, to attend a December hearing.
Speaker 1: On the same day, Vanguard Group, one of black Rock's
Speaker 1: main rivals, withdrew from the world's largest climate finance coalition,
Speaker 1: creating a potential selling point to anti e s G clients.
Speaker 1: M hm, So you see what's happening there. So remember
Speaker 1: I told you there's three companies that own basically all
Speaker 1: the public treated companies, black Rock, Vanguard, and State Street.
Speaker 1: Black Rock is pushing this e s G narrative pedal
Speaker 1: to the Metal working against the best centers of their people,
Speaker 1: and so now they're getting pushed back on this. People
Speaker 1: are taking their money away. Republican law makers are subpoena
Speaker 1: and then bringing them into court. And on the same
Speaker 1: day that uh, that black Rock CEO Larry Fink was
Speaker 1: called to attend to hearing, Vanguard, the second biggest one,
Speaker 1: the main rival black Rock said, you know what, we're done.
Speaker 1: We're out. We're out of this uh what they call
Speaker 1: Climate Finance coalition. We're out of this E s G.
Speaker 1: UH last week it said it would pull about two
Speaker 1: billion from black Rock because of its E s G
Speaker 1: and or Florida so I would pull two billion from
Speaker 1: black Rock because of its E s G investments, and
Speaker 1: governor around to Santa's administration is urging the manager of
Speaker 1: its pension to remove black Rock as an asset manager.
Speaker 1: And so we're seeing this go down. The battle of
Speaker 1: sustainable investing comes as the ten largest E s G
Speaker 1: funds by assets have posted double digit losses this year,
Speaker 1: some even more than the SMP five hundreds decline. Black
Speaker 1: Rocks billion I shares E s G aware et F
Speaker 1: is down, about Vanguards was down, and so they're hitting
Speaker 1: him where it counts, where the money counts, it says, um, Yeah.
Speaker 1: Black Rock has been a political target among Republicans. At
Speaker 1: the same time, the firm has emphasized that it continues
Speaker 1: to manage fossil fuel investments. So now they're going out
Speaker 1: on this pr campaign saying wait a minute, wait a minute,
Speaker 1: We're not as bad as as as you think we are.
Speaker 1: We're not as evil as we think we are. And
Speaker 1: so this is what I'm encouraged by. And this is
Speaker 1: what I continue to highlight these stories, and I will
Speaker 1: continue to do this because we're winning. This is how
Speaker 1: we win. We vote with our money. Most people just
Speaker 1: haven't really taken the time to think about this, like
Speaker 1: what are the things that you care about, what are
Speaker 1: the things that you want, and then support those things.
Speaker 1: And this is why companies working for profits is really
Speaker 1: the best goal. If I care about companies that give
Speaker 1: back to my community, then I'm going to spend my
Speaker 1: money with those companies. And a company that wants to
Speaker 1: get ahead in my community is going to donate money
Speaker 1: to get ahead. They're going to fund the schools, they're
Speaker 1: going to fund the parks. Why would they give that
Speaker 1: money up? Will they do it in order to get
Speaker 1: more business from people like you and I who care
Speaker 1: about those things. If you're just tuning in and listen
Speaker 1: to the Mark Moa Show, we're talking about the decentralized revolution,
Speaker 1: the way the world is changing right before our very eyes.
Speaker 1: I got a couple more stories to cover, some big
Speaker 1: breaking stuff. You don't want to miss it. Don't go away.
Speaker 1: I wanna be right back, all right, welcome back. If
Speaker 1: you just tune in, you're listening to the Mark Moss Show,
Speaker 1: We're talking about the decentralized revolution, the way that the
Speaker 1: world is changing from a globalized globalist, centrally controlled world
Speaker 1: to a decentralized world, back to individual rights and freedoms.
Speaker 1: And I was talking about before the break, uh again,
Speaker 1: talking about again how I've been. I've been bringing up
Speaker 1: as much as I can this this pushback that we
Speaker 1: have to this globalist agenda. Now I know that by
Speaker 1: the goal is for you to own nothing to be happy.
Speaker 1: I know that's become somewhat of a meme these days,
Speaker 1: but it's true. It's on their website. This this didn't
Speaker 1: start from nowhere, all right, And it didn't start at
Speaker 1: the WF either. The u N started the Sustainable Development Goals.
Speaker 1: Decades ago they started with an agenda, and now they
Speaker 1: have an agenda. This isn't conspiracy. This is their planet's
Speaker 1: their goal. They have it written down, all right. And
Speaker 1: there's there was seventeen points under the Sustainable Development Goals,
Speaker 1: seventeen points they're trying to transform the world, undo and do.
Speaker 1: And there are seventeen points that I don't necessarily agree
Speaker 1: with and you might not either, And so you should
Speaker 1: read those. You should become aware of, um, the goal
Speaker 1: of how they're trying to reshape this world and what
Speaker 1: the goal, what the world would look like. If you
Speaker 1: want to know what the world would look like for
Speaker 1: your kids and your grandkids for you, it might just
Speaker 1: happen by stance for you. Most people go through life
Speaker 1: as passengers. Uh, there's a new term the kids are
Speaker 1: using these days. My kids have alerted me to it.
Speaker 1: And they call people in PCs or non player characters
Speaker 1: and so like if there's like another kid that's like
Speaker 1: not really well known, nobody knows them, they're not they're
Speaker 1: having going on to call m an NPC and uh,
Speaker 1: in a video game, you're obviously a character in a
Speaker 1: video game, right, And and you're you're the hero or
Speaker 1: whatever you are, right, And there's lots of other people
Speaker 1: in the game, but those are non player characters. They're
Speaker 1: just there to play that role, you know what I'm saying.
Speaker 1: And so that that's what kids these use to use
Speaker 1: these days. And and as I've thought about this, I've
Speaker 1: talked about with my kids and my wife, and there
Speaker 1: really are a lot of these in PCs in life.
Speaker 1: They are most people in life are in PCs. They're
Speaker 1: just going through life, going through the motions. They're not
Speaker 1: they're not trying to change their life or change the
Speaker 1: world of the direction. They're not trying to build in
Speaker 1: and they're not the character. They're just an NPC. And
Speaker 1: so most people haven't really thought through where the world
Speaker 1: is going. But there are a lot of people who have,
Speaker 1: and there are a lot of people who have plans
Speaker 1: for what the world looks like in ten years and
Speaker 1: twenty years and fifty years. And if you care about that,
Speaker 1: if you care about what the world looks like for
Speaker 1: your grandkids, then you should look into these people who
Speaker 1: have these plans and then ask yourself if you like that,
Speaker 1: and if not, then maybe do something about it. All Right,
Speaker 1: they've written books. There's lots of books. Uh. Start with
Speaker 1: Klaud Schwab's books. Read the Fourth Industrial Revolution, Read COVID nineteen,
Speaker 1: The Great Reset, Read his latest book, The Great Narrative.
Speaker 1: Read those. Go to the website, we'll look on my forum.
Speaker 1: Read the blog posts. Um you know. Read Mark Harney's
Speaker 1: book Values. He tells you the world is not going
Speaker 1: to be better. He tells you. I'm not gonna say,
Speaker 1: I'm not gonna deep into that, but my point is
Speaker 1: is that we need to take action and work to
Speaker 1: building the life that we want, the world that we
Speaker 1: want for future generations. Now I know it's not for everybody,
Speaker 1: Like you have to you have to do a little
Speaker 1: bit better in your life in order to look a
Speaker 1: little bit further ahead. I like to say I grew
Speaker 1: up racing dirt bikes, and so in racing we'd say
Speaker 1: the fact, the farther I can see, the faster I
Speaker 1: can go. So if I was on an open road
Speaker 1: going driving through the middle of a you know, the
Speaker 1: middle of the desert, for example, I could go a
Speaker 1: hundred miles an hour, no problem, right, I can see
Speaker 1: forever the roads as straight as it can be. But
Speaker 1: if it's raining really hard, or it's like super foggy.
Speaker 1: I gotta slow way down because I can't see very
Speaker 1: far right. And so you might have the guy on
Speaker 1: the street, the homeless person, the drug addict on the street,
Speaker 1: and all he can think about the farthest he can
Speaker 1: see is like that next hit, maybe right. And then
Speaker 1: you have a guy who can only see like paycheck
Speaker 1: to paycheck, day to day, and then paycheck to paycheck,
Speaker 1: and then maybe month to month. And then you go
Speaker 1: all the way to the other end of the spectrum
Speaker 1: where you got the bill Gates of the world, and
Speaker 1: they're looking out multiple generations ahead, and so you got
Speaker 1: to start looking looking further out, looking further out. And
Speaker 1: people are doing that, and so step one. I know
Speaker 1: this is an overwhelming and Dante and most of us
Speaker 1: just want to live our lives. And that's fine, I
Speaker 1: get it right. We want a better life for ourselves,
Speaker 1: for our family. I want to spend time with my family.
Speaker 1: I want to spend time to enjoy myself. But at
Speaker 1: least what you could do is you could figure out
Speaker 1: what the goals are um who has certain visions and goals,
Speaker 1: and at least just back those people and then you
Speaker 1: don't have to do the work. And there's people doing that.
Speaker 1: I see this right here. UM. This week Disney investor
Speaker 1: SU's company alleging criticism over Florida's parental rights and so
Speaker 1: UM Disney UM decided to go woke. They decided that
Speaker 1: Disney wanted to be involved in politics, and they wanted
Speaker 1: to create a bill UM which was which was called
Speaker 1: Florida's Parental Rights Education Bill UM. It was actually they
Speaker 1: were calling it something about don't say gay bill and
Speaker 1: Disney said that they wanted to get involved and and
Speaker 1: and push this and and uh it was it was
Speaker 1: signed into law by Rhon de Santis and forbids schools
Speaker 1: to restrict parents access to information about their children's mental,
Speaker 1: emotional and physical health. So schools didn't want to give
Speaker 1: the parents information on the kids. And so Disney got
Speaker 1: involved in this, and uh, Rhn de Santis basically said
Speaker 1: don't don't get involved, and they did. And they said, okay, look,
Speaker 1: then you're gonna lose your your tax exempt status. And
Speaker 1: by getting involved in that, it cost Disney a lot
Speaker 1: of money. Now supposedly the CEO didn't want to, but
Speaker 1: because of so much pushed back by the employees angry employees,
Speaker 1: the company decided to get involved. Well, then they lost
Speaker 1: their UM, they lost their special municipal district which should
Speaker 1: have been in place since nineteen sixty seven, and they
Speaker 1: lost their tax status status and now it cost Disney
Speaker 1: shareholders lots of money. Now, the thing that's key here
Speaker 1: is that the CEO of a company has a fudciary duty,
Speaker 1: meaning a legal duty to do the best that he
Speaker 1: can for the company and return as best as much
Speaker 1: return on capital to the shareholders. So by getting involved
Speaker 1: in politics had nothing to do with returning equity to
Speaker 1: the equity owners. They're just pushing politics for what what
Speaker 1: were they were? What was Disney trying to push politics
Speaker 1: for it? And so by doing that, um they pushed
Speaker 1: their political ideology and lost their Texas and status and
Speaker 1: cost the company hundreds of millions of dollars hundreds millions
Speaker 1: of dollars. And so now one person here has now
Speaker 1: sued them over this situation, and I think it's about
Speaker 1: time I've been asking myself. As a matter of fact,
Speaker 1: I have a friend who's a great grandson of Walt Disney,
Speaker 1: a great grandson, and their family obviously still owns a
Speaker 1: massive out of stock in the company, and I asked
Speaker 1: him about this, and I asked if they were going
Speaker 1: to do anything about this, and he's like, I don't know.
Speaker 1: I don't know what's gonna happen. But here we have
Speaker 1: Disney investor Kenneth Simon and file the twenty two page
Speaker 1: lawsuit against Disney demand the company deliver its internal records
Speaker 1: regarding its objections to the Florida bill um. According to
Speaker 1: Simon's lawsuit, Disney's criticism of the law created a significant,
Speaker 1: significant financial risk to the company's shareholders. And so all
Speaker 1: it takes is one person like Kenneth to see the
Speaker 1: direction that the world is going and push back on that.
Speaker 1: Support the company that you want, spend your money there
Speaker 1: by their stock, support them, and if they work against
Speaker 1: your interest, you can either decide to pull your money
Speaker 1: or you can do something like Kenneth did, and you
Speaker 1: can hold them to their financial duty. And that's how
Speaker 1: we changed the world. Now, of course, the CEO that
Speaker 1: did this lost his job. Another CEO has been put
Speaker 1: in place in Disney is on a completely different tractory.
Speaker 1: That's how we changed the world. If you're tuning in
Speaker 1: and listen to the Markma Show. We're talking about the
Speaker 1: way the world is changing. We're talking about the decentralized revolution.
Speaker 1: I got a lot more stories toever when I come back.
Speaker 1: Don't go away right back, all right, welcome back. If
Speaker 1: you're just tune in, you're listening to the Mark mo Show.
Speaker 1: We're talking about the decentralized revolution each and every week,
Speaker 1: of course, talking about the way the world is changing,
Speaker 1: looking at through the lens of politics, finance, and technology.
Speaker 1: Of course, technology being bitcoin, which is that decentralized technology
Speaker 1: that is changing the world. You know, we say, if
Speaker 1: you change the money, if you fix the money, you
Speaker 1: can fix the world. Which is a really big claim.
Speaker 1: Fix the money, fix the world. How can you say that? Well,
Speaker 1: it there's a lot of reasons why. One it's because
Speaker 1: of incentives. Warren Buffett's partner, Charlie Munger says, show me
Speaker 1: the incentives and I'll show you the outcome. And a
Speaker 1: lot of people think that money is neutral, money as
Speaker 1: a tool. Money could be used for good, money can
Speaker 1: be used for evil, and that sounds right. As a
Speaker 1: matter of fact, I believed that to be true most
Speaker 1: of my life, but I've recently kind of over the
Speaker 1: last couple of years come to think that it's not
Speaker 1: actually true at all. Now I guess, I guess it's
Speaker 1: true when you think about money. But then you have
Speaker 1: to then ask yourself what is money? So, okay, that's
Speaker 1: true for money, but then what is money? So then
Speaker 1: money is also a neutral tool. But what we consider
Speaker 1: money today most of us is currency or fiat currency
Speaker 1: or dollars, or if you're in a different country, whatever
Speaker 1: currency you have. Fiat currency is currency. It's not money.
Speaker 1: JP Morgan, the founder of JP Morgan Bank. Actually JP
Speaker 1: Morgan went before Congress in the early nine hundreds and
Speaker 1: he said gold is money, nothing else. Everything else is credit.
Speaker 1: So dollars were debt on top of gold, which was
Speaker 1: real money. So gold God's money. Real money is neutral.
Speaker 1: It can be used for good or bad. I can
Speaker 1: use it to pay for someone's bills if they're down
Speaker 1: on their luck, or I can pay to um someone
Speaker 1: to go hurt somebody else. Right, So that that that
Speaker 1: gold would be neutral. But that's money. Currency, Fiat currency,
Speaker 1: dollars is not that at all. Fiat currency is a
Speaker 1: system built on theft, on lies and deceit. What do
Speaker 1: I mean by that? What do I mean what do
Speaker 1: I mean it's built on theft. Well, every time the
Speaker 1: government decides to print more dollars, they steal from you.
Speaker 1: They steal your purchasing power. Every new dollar created decreases
Speaker 1: the purchasing power of your existing dollars. When you saw
Speaker 1: that this month they brought inflation downy, congratulations, CPI came down.
Speaker 1: Now we're down to the seven point one. So that
Speaker 1: means you need to work about that means you need
Speaker 1: about three more dollars this month then you needed last
Speaker 1: month just to have the same quality of life. Now,
Speaker 1: if you make thirty bucks an hour, that's ten hours
Speaker 1: more you have to work this month. They stole ten
Speaker 1: hours of your life. That's that's theft. That's stealing from
Speaker 1: your family. You could have put the time in your
Speaker 1: family has put. Time you could have put into yourself
Speaker 1: to learn new skills. That's that's they're stealing from your
Speaker 1: retirement account. They're stealing from you. That's your life energy
Speaker 1: they stole. So that's a system. That's that's that's based
Speaker 1: off inflation, which is theft. It's also built on lies
Speaker 1: and deceit. Do you know how many dollars are created?
Speaker 1: Do you know how many dollars will be created tomorrow.
Speaker 1: Do you how many dollars will be created over the
Speaker 1: next year. No, of course you don't. You have no idea.
Speaker 1: And and they don't even tell you. They don't, they don't.
Speaker 1: They deceive you, and they lie to you. Not only
Speaker 1: do they sive you, they also lie to you because
Speaker 1: they say, oh, but we're not creating money. But really
Speaker 1: they are over here, but we just didn't call it that.
Speaker 1: So the system built off theft lies in the sit
Speaker 1: and so everything built off of that system is also
Speaker 1: built off of theft. Theft lies in the sit and
Speaker 1: so it incentivizes that. Now. One of the one of
Speaker 1: the quotes that I use all the time from Vladimir Lenin,
Speaker 1: not Vladimir is Uh, not Putin, but Lenin from the
Speaker 1: nineteen hundreds Russia. He said that the best way to
Speaker 1: destroy capitalism would be too deep out the currency, to
Speaker 1: destroy the currency, and you would do it through inflation.
Speaker 1: And through inflation you can confiscate arbitrarily. Mean I can
Speaker 1: just steal whatever I want whenever I want, just by inflation.
Speaker 1: I don't have to tell anybody about it. I'm just
Speaker 1: printing money. People people are watching news going inflation, inflation inflation,
Speaker 1: gas is getting more expensive, steaks getting more expensive. I
Speaker 1: don't know, No, they're not getting more expensive. They stole
Speaker 1: the value from your currency, so it now you need
Speaker 1: to spend more of it, and so they can steal arbitrarily,
Speaker 1: and he says that eventually, um It says, eventually you'll
Speaker 1: lose all relation and the too money and the best
Speaker 1: way to get rich will be through gambling and theft,
Speaker 1: which is exactly we have today. And so it incentivizes
Speaker 1: a system where we only can get wealthy through stealing
Speaker 1: from others or or gambling, right, the lottery, the crypto casino,
Speaker 1: n f T, you know, Ape Zone, whatever, And that's
Speaker 1: where we're at. And so it's not the fiat money
Speaker 1: system is not neutral. It's evil, theft, lies, deceit. Now,
Speaker 1: the opposite of um lies would be truth. The opposite
Speaker 1: of deceit would be transparency, right, and that's what bitcoin is.
Speaker 1: So bitcoin is truth, it's math, it's it's transparent, it's
Speaker 1: open for anyone to look at. Now, I've said before,
Speaker 1: one of the greatest tricks, the two greatest tricks the
Speaker 1: Federal Reserve Central banks ever played on us, was one
Speaker 1: telling us that our money supply had to expand and
Speaker 1: to that asset price is going up is a good thing.
Speaker 1: And so we've been told that our money supply has
Speaker 1: to expand, and I hear all the time like it
Speaker 1: has to expand, Right, how how can we have a
Speaker 1: growing economy if the money supply doesn't expand? Mark So
Speaker 1: the FED says, well, well, let's just have a two
Speaker 1: percent inflation and that way the money supply expands as
Speaker 1: as as the population grows. Or so they can just
Speaker 1: steal two percent per year, which, if you do the math,
Speaker 1: that's ten percent every five years, pretty pretty big to
Speaker 1: them in an eighty trillion dollar economy. I'll take ten
Speaker 1: percent of that, would you? And so they teach us that.
Speaker 1: But if that's true, then I would ask yourself this question,
Speaker 1: why do we have to have a money system built
Speaker 1: on theft? If inflation is theft? And how is inflation
Speaker 1: not theft? If they're able to create more money and
Speaker 1: put those units in their pocket or as use them
Speaker 1: as they see fit, the cancel on effect inversely affecting
Speaker 1: or or helping those closest to that money supply. Right,
Speaker 1: they print the money, they give it to their buddies,
Speaker 1: their their projects. If that's not theft, I don't know
Speaker 1: what it is. Um, So then why do we need
Speaker 1: a system built on theft? And of course the answer
Speaker 1: is it's insane. Of course we don't. That would be insane,
Speaker 1: so we don't need that. And then you start to
Speaker 1: ask yourself, Okay, well then what would be the opposite?
Speaker 1: Will that be a system with out inflation? Right? There
Speaker 1: you go. Now, it's very difficult to understand one system
Speaker 1: when you're stuck inside of an existing system. I get it.
Speaker 1: So when you're in the system that we're in today,
Speaker 1: and these are problems that I even have for myself,
Speaker 1: and in conversations that with other people, it's like, well,
Speaker 1: how would it work? What does it look like? Well,
Speaker 1: it's very hard to it's very hard to say. Right,
Speaker 1: we're hypothesizing. But what I do know, I know in
Speaker 1: my heart of hearts, is that we don't have to
Speaker 1: live in a system where one person is able to
Speaker 1: steal from another. I do know that. I do know
Speaker 1: that if we don't incentivize theft and stealing, that the
Speaker 1: world will be better. I do know that what does
Speaker 1: it look like exactly? I mean, I don't know we
Speaker 1: we we've never really seen that before. Right, even when
Speaker 1: we are on a gold back system, we have gold coins,
Speaker 1: but those gold coins would be debased, they'd be clipped
Speaker 1: all day, and so we probably have never really seen
Speaker 1: that before. Will it be better? Will it be worse? Well? Both?
Speaker 1: I guess it depends on which side are you on.
Speaker 1: Are you on the theft side, are you on the
Speaker 1: side adversely benefiting from that. Are you on the side
Speaker 1: that's adversely being affected by it that? It just depends.
Speaker 1: If you're just tuning in, you're listening to the Markma Show.
Speaker 1: We're talking about the decentralized revolution, talking about money fixing
Speaker 1: the money fixing the world. I got a story coming
Speaker 1: back about how much the money that we have is
Speaker 1: broken in a better way to fix it. Back with
Speaker 1: that in more in a minute. Don't go away, all right,
Speaker 1: welcome back. You were listening to the Mark mo Show.
Speaker 1: We're talking about the decentralized revolution and talking about I
Speaker 1: was talking about the intersection of politics, finance, and technology
Speaker 1: so we can see how the world is changing. Before
Speaker 1: the break, I went on a little rant talking about
Speaker 1: money and how money can fix the world, which I
Speaker 1: know is a really big big statement. I could. I
Speaker 1: could do an episode every single week on how it's
Speaker 1: going to fix the world? Right, fix the money, fix
Speaker 1: the world kind of a thing. But I know that
Speaker 1: a lot of times people in the United States, specifically
Speaker 1: I have a problem understanding why we need to fix
Speaker 1: the money. What does that even mean? Like our money
Speaker 1: is pretty good, right, but that's in the United States.
Speaker 1: If you are one of three billion people living under
Speaker 1: very harsh authoritarian regimes with double the triple digit inflation,
Speaker 1: you don't you don't have You would laugh if somebody
Speaker 1: asked you that question. You're doing everything you can to
Speaker 1: get rid of that currency, right, you don't want that currency.
Speaker 1: In most cases, you can't. Right, in most cases you
Speaker 1: can't because what happens is they try to enforce what
Speaker 1: they call uh capital controls. They want to keep you
Speaker 1: locked in that they don't want. They don't want that
Speaker 1: escape valve out of the system. So you don't have
Speaker 1: to ask somebody in in Lebanon or Venezuela or Argentina
Speaker 1: or Peru or Turkey, like what's wrong with your money?
Speaker 1: Like they could give you a million reasons why. Like
Speaker 1: in um in UH Nigeria, they are trying to put
Speaker 1: just new central bank digital currency, the e i ARA,
Speaker 1: and the people are like, why why, why would we
Speaker 1: buy the NR. It's the same thing as that regular
Speaker 1: and I are that it's horrible, we don't want it, right,
Speaker 1: they know that. But but in the US we still
Speaker 1: think our money is pretty good. But we're seeing more
Speaker 1: and more and more and more why it's not so good.
Speaker 1: So obviously inflation being one of those. Right again, if
Speaker 1: you can get your mind around that, it's not that
Speaker 1: prices are getting more expensive. It's that your dollars just
Speaker 1: buy you less and less goods, which is exactly what's
Speaker 1: happening to their countries, just at a much faster pace.
Speaker 1: But what about what about our ability to even use
Speaker 1: our money? That's a whole different story. Now, Like I said,
Speaker 1: about three billion people live under very heart harsh authoritarian
Speaker 1: regimes and with double triple digitiflation. So those are two
Speaker 1: separate issues. So the double triple triple digit inflation meaning
Speaker 1: that every day your money buys you have as many
Speaker 1: goods and services in the day before, that's really bad.
Speaker 1: What about the harsh autory to in regime part So,
Speaker 1: for an example, in North Korea, you know you're not
Speaker 1: allowed to have money. They come into your house every
Speaker 1: single day and if they find any money, they steal
Speaker 1: it from you. Or if you're an Afghanistan right now, Um,
Speaker 1: you know, the Taliban is watching over all the payments
Speaker 1: and they're just taking money as they see fit. The
Speaker 1: girl that does my hair, she's from Afghanistan and she
Speaker 1: can't even get money to people back in Afghanistan because
Speaker 1: there's no way to send it because the Taliban will
Speaker 1: just take it. So there's two different issues there. Now.
Speaker 1: In the United States, we mostly have to worry about that, right,
Speaker 1: I mean, sure, inflation, but it's not that bad seven percent,
Speaker 1: it's not like seven um. And you know our money
Speaker 1: doesn't really get stopped, right, does it, does it? Well?
Speaker 1: Have you heard about something called civil asset forfeiture? Most
Speaker 1: people haven't. Um. Yeah, civil asset forfeitture amount one. Let's
Speaker 1: see what we come up with here. I want to
Speaker 1: say it was something like in in the last year
Speaker 1: or two, it was like, oh, here we go, sixty
Speaker 1: eight billion dollars civil asis forfeiture abuse? Why it should
Speaker 1: be ruled? Um says, sixty eight billion dollars over the
Speaker 1: last twenty years have been taken through what's called civil
Speaker 1: asset for fitture. In South Carolina alone, one state UM
Speaker 1: confiscated seventeen million alone, one state seventeen million alone last
Speaker 1: year sixty billion dollars. So what this means is that
Speaker 1: it's not it's it's just civil acts forfeiture. They see it,
Speaker 1: they want it, they take it. They pull you over,
Speaker 1: they find cash, they take it, and they take the
Speaker 1: car with it. They see money in your account, they
Speaker 1: take the money in your account. Now you can try
Speaker 1: to go get the money back. You can't. UM you
Speaker 1: can you know, you don't have any money anymore if
Speaker 1: you can't go hired attorney, So that's pretty hard. And
Speaker 1: then you're probably really we're worried abou trying to figure
Speaker 1: out how to make more money so you can pay
Speaker 1: your bills because they took all your money, so you
Speaker 1: gotta figure that out. But somehow you're gonna have enough
Speaker 1: money to go fight the state, right and so in
Speaker 1: most cases they don't. Now I'm just throwing this out
Speaker 1: there so you can go do your own due diligence
Speaker 1: on this. But about sixty eight billion billion dollars has
Speaker 1: been taken in the United States. This happens Now we
Speaker 1: have PayPal doing the exact same thing. You know, PayPal
Speaker 1: announced that they can take up to dollars from your
Speaker 1: account if you say the wrong thing. No due process
Speaker 1: whatever happened to innocent ut proven guilty, what happened to
Speaker 1: you know, due process of law? That's all gone. And
Speaker 1: so these are starting to get people to think about
Speaker 1: how can we do money better. PayPal was started to
Speaker 1: be this, uh, you know, this new app to empower individuals,
Speaker 1: and they quickly changed. Now the original founders and PayPal
Speaker 1: what's called the PayPal mafia. It's Peter Theo, Elon Musk,
Speaker 1: David Sachs. They're all champions of free speech, and they
Speaker 1: have all express shock and dismay at what's going on
Speaker 1: in PayPal. But if if you're if if they freeze
Speaker 1: that money, that's basically destroying your life economically, destroying your
Speaker 1: life right, limits your ability to exercise your political voice. Right,
Speaker 1: your your first Amendment, it's gone right. Your second Amendment.
Speaker 1: Uh there, it's gone right. You don't have any You
Speaker 1: have no freedom if you have no ability to transact,
Speaker 1: so you destroy people economically, and that's it's almost the
Speaker 1: worst thing that you can do. Now when they launched it,
Speaker 1: what they what they had hoped, Peter Thiel said, quote
Speaker 1: PayPal will give citizens worldwide more direct control over their
Speaker 1: currencies than they've ever had before. He said, it will
Speaker 1: be nearly impossible for corrept governments to steal wealth from
Speaker 1: their people through their old means, because if they try,
Speaker 1: people will just switch to dollars or pounds or again,
Speaker 1: in effect dumping worthless currencies for something more secure. But
Speaker 1: what if it's not the current see itself that's the problem,
Speaker 1: but it's the actual payment network like PayPal. Now, since
Speaker 1: those early days of PayPal, PayPal's grown. It's got four
Speaker 1: and twenty nine million active accounts. Fifty of Americans, almost
Speaker 1: sixty almost six out of ten Americans use PayPal. That's
Speaker 1: a lot, six out of ten Americans. But it's become
Speaker 1: a police officer deciding what's right and what's wrong, who
Speaker 1: gets to be heard, who doesn't get to hurt be heard,
Speaker 1: what it's good for you to spend your own money on,
Speaker 1: and what it's not good for you to spend your
Speaker 1: own money on. And of course, to make sure none
Speaker 1: of these bad people fall through the cracks, PayPal teamed
Speaker 1: up with a whole bunch of people to help them
Speaker 1: figure this out. The Anti Defamation League, the a d
Speaker 1: L Southern Southern Poverty Law Center, which sounds like they
Speaker 1: would be good organizations, but who's to say who gets
Speaker 1: to spend their own money or not? Now, like I
Speaker 1: said before, PayPal updated their acceptable Use policy, which clears
Speaker 1: the way for even more suspensions anything they deemed to
Speaker 1: be quote unquote objectionable. They can hit you with a penalty.
Speaker 1: There's no clarity on this. So what do you do?
Speaker 1: It's not the money in in uh in uh Peter
Speaker 1: Field's original content. He said, Hey, if no government could
Speaker 1: do this to you, because you could just switch to
Speaker 1: euro yen or dollars. But it's PayPal, it's the paper,
Speaker 1: it's the payment mechanism, and we're in a digital world.
Speaker 1: But the revolt is here, the revolt is here. We
Speaker 1: have another way now. I made a video on my
Speaker 1: main YouTube channels. You can check it out. Elon Must's
Speaker 1: real reason for buying Twitter, which I argue, is to
Speaker 1: make a new payment network, and that looks like what
Speaker 1: it's about to be here. Um. This author reached out
Speaker 1: to Elon Musk and said, h are you worried? About
Speaker 1: company you helped found. PayPal is now part of an
Speaker 1: emerging private social credit system and is buying Twitter in
Speaker 1: part an effort to fulfill the mission that PayPal seems
Speaker 1: to have abandoned. And he replied with one word, definitely.
Speaker 1: And so there's a need. You may not have a
Speaker 1: need right now, but there's a need. People have a need.
Speaker 1: Sixty eight billion dollars were taken with no new process,
Speaker 1: and they have a need. And bitcoin is here. If
Speaker 1: you're just tuning and you listen to the Markma Show
Speaker 1: talking about the decentralized revolution, the way the world is
Speaker 1: changing through politics, finance, and technology. Covered a lot today.
Speaker 1: That's what I got. Thanks for listening. Until next time,